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I'm a huge fan of ProjectionLab (good call on the name change)! I had just had a windfall from an old employer's IPO. Not life-changing, but enough that "save
by fishtoaster 4y ago
I'm a huge fan of ProjectionLab (good call on the name change)! I had just had a windfall from an old employer's IPO. Not life-changing, but enough that "save as much as I can and hope for the best when I hit retirement age" was no longer the only option. I was looking for tools to help me plot out some scenarios and the only options I could find were:
1. 5-input 'retirement calculators' that various sites had up as lead-gen tools
2. Build a complex and bug-riddled model in a spreadsheet
3. Pay for a financial planner to plug my situation into their spreadsheet
I saw ProjectionLab on HN, though, and it was exactly what I was looking for. The end result I cam up with was good, but even just playing around with the modeling helped me build up a much better intuition than I'd started with. Thanks for your work, and I'm glad you stuck with it!
- scubakid 4y agoThanks for sharing your experience! I agonized over that name change for so long that I even built a custom name generator and availability checker to run through all the permutations of relevant words, themes, prefixes, suffixes, etc... all to end up coming back to one of the first ideas from my initial brainstorming session XD You touch on something I've noticed as well; that if you play around with models like this long enough, your intuitions start to become noticeably more refined. I can tell the way I think about finance has definitely evolved throughout the course of building the tool.